Fashion
PropNex subsidiary sued for S$586,000 over alleged misrepresentation and breach of duty
[SINGAPORE] A wholly-owned subsidiary of PropNex and two other defendants are being sued for at least S$586,172, allegedly over a breach of duty of care as well as negligent...
Bukit Sembawang Estates H1 earnings dip 25% after completion of two condo developments
[SINGAPORE] Bukit Sembawang Estates’ net profit for the half-year ended September fell 25 per cent year on year to S$47.2 million, primarily due to a plunge of 61 per...
China bans foreign AI chips from state-funded data centres: sources
[BEIJING] The Chinese government has issued guidance requiring new data centre projects that have received any state funds to only use domestically-made artificial intelligence chips, two sources familiar with...
Toyota raises profit outlook, bets it can ride out tariffs
The world’s top-selling carmaker now expects operating profit of 3.4 trillion yen (S$28.9 billion) for the financial year to end-March[TOKYO] Toyota raised its full-year profit forecast on Wednesday (Nov...
Newly launched iEdge Singapore Next 50 Index posts 18% return in H2 to date
[SINGAPORE] The new iEdge Singapore Next 50 Index has made a strong debut, generating an 18 per cent indicative total return in the second half of 2025 thus far,...
CDLHT sets up S$1.5 billion multicurrency debt issuance programme
[SINGAPORE] CDL Hospitality Trusts (CDLHT), a stapled group consisting of CDL Hospitality Real Estate Investment Trust (H-Reit) and CDL Hospitality Business Trust (HBT), announced the establishment of a S$1.5...
CapitaLand Investment raises over US$650 million for second lodging fund, exceeds target
[SINGAPORE] CapitaLand Investment (CLI) has achieved the final close for its second lodging private fund, CapitaLand Ascott Residence Asia Fund II (Clara II).In an announcement on Wednesday (Nov 5),...
Stocks tumble as stretched valuation fears grip markets
The warnings come as a surge in enthusiasm for generative AI has swept across stock markets worldwide this year, drawing comparisons to the dot-com bubble[SINGAPORE] Asian stocks dived on...
Asia: Stocks tumble as stretched valuation fears grip markets
[SINGAPORE] Asian stocks dived on Wednesday (Nov 5) and market volatility surged to levels not seen since April after an overnight tech-led sell-off on Wall Street put the spotlight...
Gold edges up on bargain-hunting as market awaits US jobs data
Bullion hit a record high of US$4,381.21 on Oct 20, but has fallen close to 10% since then.[BENGALURU] Gold prices edged higher on Wednesday (Nov 5) as bargain hunters...
